2024 SRD to CAD Historical Review

YEARLY HIGH

0.0482 CAD

YEARLY LOW

0.0360 CAD

YEARLY AVERAGE

0.0416 CAD

2024 SRD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0482. Conversely, the yearly low was recorded on January 1, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.0121 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0366 to the December average rate of 0.0405, the exchange rate registered a net change of 10.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0482 was up 11.31% compared to the 2023 peak of 0.0433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SRD based on timing:

Yearly Peak High 241 CAD

2023 Average 185 CAD

Yearly Trough Low 180 CAD

Transaction Impact: A difference of 60.56 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0485

0.0355

JanuMarcMayJulySeptNove

SRD to CAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0396, compared to 0.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0396

H2 Avg (Jul–Dec) 0.0436

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0036 CAD (High: 0.0441 / Low: 0.0405). On the other end, January was the most stable month, with a tight range of 0.0009 CAD (High: 0.0370 / Low: 0.0360).

October Spread (Volatile) ±0.0036

January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0033 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0475) against the same month in 2023 (average: 0.0352), the exchange rate shifted by +0.0122 (+34.70%).

2024 Avg (August) 0.0475

2023 Avg (August) 0.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0360	0.0366
February	0.0384	0.0364	0.0373
March	0.0390	0.0380	0.0384
April	0.0408	0.0387	0.0395
May	0.0426	0.0405	0.0419
June	0.0447	0.0423	0.0437
July	0.0480	0.0445	0.0462
August	0.0482	0.0466	0.0475
September	0.0469	0.0440	0.0456
October	0.0441	0.0405	0.0424
November	0.0406	0.0393	0.0397
December	0.0411	0.0396	0.0405